Filed March 8, 2022
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $87,152 | $78,607+10.9% | $105,624-17.5% | $74,478+17.0% |
| Participation rate | 95.0% | 72.8%+22.2pp | 75.3%+19.8pp | 67.2%+27.8pp |
| Annual return | 19.26% | 15.96%+3.3pp | 116.20%-96.9pp | 1370.56%-1351.3pp |
| Employer contribution / active EE | $6,183 | $2,523+145.1% | $3,168+95.2% | $2,626+135.4% |
| Participant deferral / active EE | $11,549 | $4,325+167.0% | $5,013+130.4% | $4,350+165.5% |
| Admin fee / account holder | $14,941 | $2,220+573.1% | $10,961+36.3% | $1,946+667.9% |